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Question 17 (1 point) The market value of ABC Inc.'s debt is $250 million and the total market value of the firm is $600 million.

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Question 17 (1 point) The market value of ABC Inc.'s debt is $250 million and the total market value of the firm is $600 million. The firm's capital structure is comprised of debt and common shares. The cost of equity is 15%, the cost of debt is 8%, and the tax rate is 34%. What is this firm's WACC? 11.14% 11.76% 12.25% 10.95% 14.07%

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